IHS Chemical Week

People & Business :: Earnings/Finance

PPG Posts Record Profits on Higher Sales and Selling Prices

5:11 AM MDT | July 22, 2011 | Nancy Seewald

PPG Industries reported second-quarter net income of $340 million, up 25% from the same period last year. Earnings were $2.12/share, beating analysts’ consensus of $2.01/share, as reported by Thomson Reuters (New York), and the highest quarterly earnings in PPG’s history. Sales rose 15%, to $4 billion, on volume growth and pricing gains in each major region and reporting segment. “We implemented further pricing initiatives and managed our businesses aggressively to overcome continued input cost inflation, a global economy that has only partially...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa